South Canterbury Property Investors' Association

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30-12-1899

Labour commits to pledge card for third term in office

NZ Govt

Prime Minister Helen Clark announced today that Labour is issuing a pledge card again this election outlining key commitments it is making to New Zealanders, during a third term of a Labour-led government.

Helen Clark also announced that one of the key pledges would be Labour's plan to make big improvements to the rates rebates scheme.

'Up to 300,000 households will be eligible for the revamped rates rebate. That's up from only around 3,500 now. As well, the maximum rebate will increase from $200 to $500 per annum.

'This policy is of special significance to superannuitants who have to budget carefully to pay for their rates. For example, single superannuitants on an income of $16,645 next year will be eligible for the full rebate of $500 if their rates bill is over $1000. This equates to an increase in income of almost ten dollars a week to help with the rates.'